National electronic health records implementation: a tale with a happy ending?
Aiming to improve healthcare efficiency and quality, countries around the globe, including Singapore, the UK, Japan and the US, are implementing nationwide electronic health records (EHRs). Recent...
View ArticleTaking messaging and data ingestion systems to the next level
The Data Exchange Podcast: Sijie Guo on how Apache Pulsar is able to handle both queuing and streaming, and both online and offline applications.Subscribe: iTunes, Android, Spotify, Stitcher, Google,...
View ArticlePre-Election Drift in the Stock Market
There are many calendar / seasonal anomalies by which we can enhance our strategies to gain more return. One of the least frequent but still very interesting anomalies is for sure the Pre-Election...
View ArticleThe Financialization of Chinese Commodity Markets
Publication date: Available online 22 January 2020Source: Finance Research LettersAuthor(s): Baochen Yang, Yingjian Pu, Yunpeng Su
View ArticleIs the cash flow sensitivity of cash asymmetric? African evidence
Publication date: Available online 23 January 2020Source: Finance Research LettersAuthor(s): Michael Machokoto, Geofry ArenekeAbstractWe examine whether the cash flow sensitivity of cash is asymmetric...
View ArticleOpening Statement: Inaugural Meeting of the Asset Management Advisory Committee
Dalia Blass Opening Statement: Inaugural Meeting of the Asset Management Advisory Committee
View ArticleOver $63 Million to Be Returned to Investors in Alleged Real Estate...
The Securities and Exchange Commission today announced that it has obtained a court order authorizing the distribution of over $63 million to investors in connection with a previously filed action.Â...
View ArticleShorting in Speculative Markets
ABSTRACT In models of trading with heterogeneous beliefs following HarrisonâKreps, shortâselling is prohibited and agents face constant marginal costsâofâcarry. The resale option guarantees...
View ArticleCan Unemployment Insurance Spur Entrepreneurial Activity? Evidence From France
ABSTRACT We evaluate the effect of downside insurance on selfâemployment. We exploit a large scale reform of French unemployment benefits which insured unemployed workers starting businesses. The...
View ArticleConvexity Without Replication
We revise the standard analysis of constant maturity swaps, caps, and floors to account for dual forecast and discount curves. This reduces the pricing of these deals to evaluation of quadratic...
View ArticleNecessary and Sufficient Conditions for Existence and Uniqueness of Recursive...
ABSTRACT We obtain exact necessary and sufficient conditions for existence and uniqueness of solutions of a class of homothetic recursive utility models postulated by Epstein and Zin (1989). The...
View ArticleWhat Drives Anomaly Returns?
ABSTRACT We decompose the returns of five wellâknown anomalies into cash flow and discount rate news. Common patterns emerge across the five factor portfolios and their meanâvariance efficient...
View ArticleThe gig economy is taking a toll on UK workers’ mental health
The potential psychological effects of atypical and precarious employment arrangements are attracting increasing attention among academic and policy researchers. The UK economy is approaching âfull...
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